Discover Financial Services Adds to Board of Directors

Glassman was undersecretary for economic affairs at the U.S. Department of Commerce from 2006 to 2009, and Lenny was chairman, president and chief executive officer of The Hershey Company from January 2002 until his retirement in December 2007.

“Cyndi and Rick are strategic additions to our talented board,” said David Nelms, Discover’s chairman and chief executive officer. “Cyndi’s expertise in the regulatory arena and Rick’s leadership of major consumer brands provide more depth and further experience to the board as we position Discover to seize new opportunities in these tough economic times.”

Prior to serving at the Commerce Department, Glassman was a commissioner at the U.S. Securities and Exchange Commission from 2002 to 2006. She received her M.A. and Ph.D. in economics from the University of Pennsylvania and her B.A. in economics from Wellesley College. She serves on the Audit Committee.

Lenny served as a group vice president of Kraft Foods and president of its Nabisco Biscuit and Snack business before joining Hershey, a manufacturer, distributor and marketer of chocolate, sugar confectionary, refreshment, and snack products. He has a bachelor’s degree from Georgia State University and received his M.B.A. from Northwestern University’s J.L. Kellogg School of Management. He is a director of McDonald’s Corporation and serves on Discover’s Nominating and Governance Committee.